Real Estate Manager

Purpose Brands, the parent company of Orange theory, Anytime Fitness, Waxing the City, and The Bar Method, is seeking a Real Estate Manager to join its team. This is a great position for someone who is looking to expand their career, and join a company with a fun, fast-paced and inspirational culture.

• Executes PB real estate strategy and aligns with strategic company growth goals under the direction of the Senior Director of Real Estate
• Educates franchisees on the overall real estate process and helps maintain realistic expectations with regards to process, deal points, and responsibilities
• Leads efforts required to prepare for Site Approval for new stores, relocations and expansions
• Builds, maintains and manages relationships with regional brokers, landlords and developers for existing and new store pipeline
• Travel and tour key markets with local brokers to gain local insights and understanding of trade areas
• Map proposed growth of all Purpose Brands companies with help from local brokers and Purpose Brands resources.
• Maintains and manages a network of local broker(s) for Purpose Brands
• Negotiates, reviews and approves Letter of Intent (LOI) associated with new locations with Franchisee/Corporate approval
• Manages the flow and status of deals for new and existing locations
• Operates with urgency but without sacrificing quality of service to franchisees or deal terms
• Facilitates franchisee work with local attorneys where requested on new leases and tracks progress
• Prepares and maintains real estate reports as required
• Serves as a primary contact on real estate related matters internally and externally within assigned territory over all brands
• Works closely with Franchise Development team to educate and onboard new Franchisees
• Facilitates, builds and maintains a Real Estate pipeline for of Franchisees within managed territory
• Maintains deal progress from site identification through lease execution
• Operates function within established budget parameters

• 5+ years real estate site selection and lease negotiation
• BA/BS or associate’s degree in real estate or related field or equivalent experience
• Analytic and Rent Comp software (Ex: Kalibrate, Buxton, Site Wise, PlacerAI, CoStar or similar)
• Strong knowledge of commercial/retail real estate lease documents and leasing process
• Knowledge of Lease renewal processes, legal requirements and procedures
• Knowledge of basic Lease Administration processes and procedures
• Microsoft Office products

• Experience managing retail lease portfolios in multiple states and with multiple landlords. Has helpful relationships in place with Landlords and brokers around the US.
• Experience working with Franchisees

• Strong negotiation skills
• Self-Motivated
• Results-Driven
• Honesty & Integrity
• Service-Oriented
• Exceptional Communicator
• Attention to detail and accuracy
• Strategic thinking

1-2x per month, including availability around regularly scheduled Discovery Days (1x per month).

Salary Range: $100k - $120k

• Medical, Dental and Vision Coverage
• Hybrid Work Environment
• Life and Disability Insurance
• Unlimited Time off + Paid Holidays
• Flexible Friday's between Memorial Day and Labor Day
• 401(K) Savings Plan Matching at 4%
• 10 Coaching and Therapy sessions
• Mental Health Benefits
• Brand Discounts & Reimbursements
• In-house workout facilities
• Professional Development Opportunities
• Team Building, Employee Engagement Activities & so much more

Purpose Brands LLC, Currently Observe The Following Hybrid Work Model For Employees At Our Boca Raton (FL), Woodbury (MN), And Seattle (WA) Offices

• Remote optional:
  Fridays
• On-site days:
  Mondays, Tuesdays, Wednesdays and Thursdays